ESTATE REAL ESTATE AUCTION
Well Located 1 ½ Story 3 Bedroom Fixer Upper Home Located in Central Madison, SD – Attention – Carpenters, Handymen, Investors or Others in the Market for an Economical Single Family Home
In order to settle the Joe Austin Estate, we will offer this residential property at public auction at the residence located at 119 N. Blanche in Madison, SD, or from the Sunshine Grocery Store on Hwy. #34 – 1 ½ Blocks south on Blanche Ave.
WEDNESDAY EVENING JUNE 12, 2019 SALE TIME: 7:00 PM
House to be Shown by Appointment by Contacting Wayne Bessman – 605-270-4980
This is a well located 3 bedroom home that consists of a main level with an enclosed front entry, a living/dining room, a bedroom w/closet, a full bath, a kitchen w/cabinets & dinette area, a laundry room/pantry w/cabinets, an enclosed southwest entryway and a small enclosed south entry which provides access to the main level and a direct access to the 2nd story; the 2nd story includes 2 bedrooms w/closets, a full bath and a hallway; the home has a partial basement with a stone and dirt foundation and includes a newer style Bryant gas furnace, a gas HW heater and a breaker electrical service. Also situated on the property is an unattached single garage w/lean-to and 2 storage sheds. The property has been recently surveyed by Golden Surveying to locate the property corners, with the survey expenses paid by the estate. This property is in need of a substantial amount of renovation, remodeling, repair and clean-up and is sold in “AS IS Condition”. The home on this property is definitely a fixer upper, but really has a great deal of potential and could well be an affordable single family home for either an owner occupant, investment property or resale subsequent to renovation. If you are a buyer with carpentry and remodeling skills, then make plans to inspect this property and be in attendance at this auction.
LEGAL DESC.: Lot 2 in Block 5 in Town Proprietor’s First Addition to Madison in Lake County, SD. TERMS: Cash – A 10% nonrefundable earnest money payment on sale day with balance on or before July 26, 2019. A Personal Representative’s Deed will be conveyed and an owner’s title insurance policy will be provided with the cost of owner’s policy will be divided 50/50 between the buyer and seller. The Ericsson Law Office will be the closing agent for this transaction. The 2018 Real Estate taxes payable in 2019 in the amount of $649.66 will be paid by the estate and based on that amount the 2019 RE taxes will be prorated to the date of closing. This property is sold exempt from a Property Condition Disclosure Statement pursuant to SDCL 43-34-43 and is sold in “AS IS” condition with no contingencies whatsoever, and subject to any existing easements, restrictions or reservations or highways of record, if any. The RE Licensees/Auctioneers are acting solely as agents for the sellers. Sold Subject to Confirmation of the Personal. Representatives. For an appointment to view the home or add’l. information contact Wayne Bessman – ph. 605-270-4980 or the office of Chuck Sutton Auctioneer & Land Broker, LLC – ph. 605-336-6315 or see www.suttonauction.com or bessmanauctions.com
JOSEPH R. AUSTIN ESTATE
Wayne Grad – Personal Representative
Richard L. Ericsson – Attorney for the Estate – Madison, SD – ph. 605-256-4597
WAYNE BESSMAN – RE & Pers. Property Auctioneer – Madison, SD – ph. 605-270-4980
CHUCK SUTTON – Auctioneer & Land Broker – Sioux Falls, SD – ph. 605-336-6315
JARED SUTTON – Auctioneer & RE Broker Assoc. – Flandreau, SD – ph. 605-864-8527